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Agriculture Victoria is holding a May 28 webinar on alternative feed sources as extreme dry conditions push supplementary feed costs and hay prices toward $200 per roll. Officials caution about fibre needs, restricted animal material and residue risks in by-products.
Severe local drought is raising demand for alternative feeds in Victoria, but the effect on global feed grain prices is minimal.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.